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    160 17Th Ave Paterson, NJ 07504

    For Sale
    $739,000

    Multi-Family, 2-Two Story - Paterson City, NJ

    Lot size:
    0.03 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 160 17Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen
    Bedrooms
    9
    Bathrooms
    6
    Parking
    4
    Parking features
    Driveway
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Lot size
    0.03 Acres

    Building Details

    Number of units
    2
    Building materials
    Cedar
    Roof type
    Flat, Rubber
    Architectural style
    Other

    Realty ONE Group Legend (973) 686-7777 [email protected]

    Listing agent SHERICE ALI (973) 772-0660

    Listing date Nov 24, 2025

    MLS# 3999167 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Multi-Family Home

    This income-driven property offers multiple streams of rental revenue. The two-family home features a first floor with six bedrooms, two full baths, and washer/dryer hookups. The second floor includes two one-bed/one-bath units and a studio. A fully finished basement offers a full bathroom and a separate entrance. Each unit was recently renovated with new appliances and modern upgrades. The blacktop driveway was recently paved and can hold up to four cars. The second floor brings in a total of $5,500 in rental income. Prior to renovations, this property brought in a total of $9,000 in monthly rental income. The property is located in Paterson City, NJ, in Passaic County, and has a lot size of 0.03 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paterson
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.15118
    Latitude
    40.91298

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    FAQs

    What type of property is this?
    Multifamily property - Recently renovated multi-family home with strong earning potential.
    Where is this multifamily property located?
    The property is located at 160 17Th Ave Paterson, NJ.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: - High rental income potential: Previously generated $9,000/month.; - Multiple rental units: Includes a 6-bedroom unit, two 1-bed/1-bath units, and a studio.; - Fully finished basement: Features a full bathroom and separate entrance.
    (973) 772-0660
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    160 17Th Ave Paterson, NJ 07504
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    Paterson, NJ 07504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    160 17Th Ave Paterson, NJ 07504
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